https://www.taxtmi.com/caselaws?id=797892 Post-search assessments initiated after 1 April 2021 must follow the special reassessment procedure; regular scrutiny cannot continue as an alternative, and third-party seized material requires recorded satisfaction that it pertains to the assessee and prior approval. Unsecured-loan additions require rebuttal of evidence establishing lender identity, creditworthiness and transaction genuineness, while undisclosed-cash allegations require corroboration and cross-examination where witness statements are relied on. Corporate guarantee pricing must be supported by appropriate benchmarking, and notional interest on delayed associated-enterprise receivables cannot duplicate working-capital pricing within the primary transaction. Exempt-income disallowance requires recorded statutory satisfaction. Business-use guest-house rent and manufacturing-linked receipts may qualify as deductible business expenditure and eligible manufacturing profits respectively. en-us Fri, 21 Aug 2026 00:00:00 +0530 Sat, 29 Aug 2026 14:35:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797892 Post-search assessments initiated after 1 April 2021 must follow the special reassessment procedure; regular scrutiny cannot continue as an alternative, and third-party seized material requires recorded satisfaction that it pertains to the assessee and prior approval. Unsecured-loan additions require rebuttal of evidence establishing lender identity, creditworthiness and transaction genuineness, while undisclosed-cash allegations require corroboration and cross-examination where witness statements are relied on. Corporate guarantee pricing must be supported by appropriate benchmarking, and notional interest on delayed associated-enterprise receivables cannot duplicate working-capital pricing within the primary transaction. Exempt-income disallowance requires recorded statutory satisfaction. Business-use guest-house rent and manufacturing-linked receipts may qualify as deductible business expenditure and eligible manufacturing profits respectively. Case-Laws Income Tax Fri, 21 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797892